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Global Remittance

Simple, Convenient and Secure Remittance Worldwide

Two-card branded prepaid card programmes are emerging as a phenomenal opportunity within the global money remittance market. With full MasterCard® payment and ATM functionality, remittance prepaid cards provide a transparent acquisition pattern and path to money.

M2 Europe’s MoneyShare® is a viable alternative to traditional money transfer. It consists of a two-card product allowing instant safe transfer of funds from a primary to secondary prepaid card or cards with a shared balance. The secondary cards are delivered to recipients that can then use the card to obtain cash at ATMs or make purchases at point of sale globally.

For more information on the M2 Europe MoneyShare® Solution, click here.

It is widely accepted the international money remittance market is migrating to mobile. For more information on the M2 Europe Mobile Payment System, click here.

PRODUCT FOCUS: iKobo®

M2 Europe

Founded in 2001, iKobo offers a better, faster, safer and more economical solution to international person-to-person money transfers.

Leveraging modern technologies and an on-line customer interface, iKobo today offers a secure solution that is vastly superior to traditional agent-dependent companies. iKobo uses an open network of VISA merchants and ATMs numbering more than 25 million which is more convenient and safe to send and receive money than a closed network of independent agents.

iKobo allows consumers to use credit cards, debit cards, or bank accounts on-line to send a re-loadable Visa® Prepaid Card to recipients. The card is the key to giving consumers the convenience, safety and security of receiving money in an environment managed by VISA - the global leader in payments.

iKobo is part of the M2 Financial suite of financial products for businesses and consumers that includes financial transaction processing systems, the initiation and settlement of electronic payments, online transaction processing, debit card transactions, online funds authorisation, settlement systems, and the world's leading fraud prevention technology.

Click here to visit the iKobo website for more information (https://www.ikobo.com/)

Prepaid cards can play a role in a number of P2P solutions:

  • Effective for targeting underserved segments
  • Minimal investment and dependable revenue generation
  • Consumer loyalty and consumer retention
  • Improved brand association and recognition
  • Transparency and clear audit trail

New source of transaction revenue

  • No credit risk as the cards are pre-funded

Increases customer/member loyalty

  • Flexible, secure payment solutions
  • Payment solutions to suit specific needs